Will Billionaire Investor Bill Ackman Jump Into the SpaceX IPO? [Globe and Mail, The (Toronto, Canada)]
Amazon.com, Inc. (AMZN)
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Source: Globe and Mail, The
The IPO is expected to be massive and could value SpaceX at $2 trillion. Billionaire investor Bill Ackman and his fund, Pershing Square Capital Management (PSCM), have invested in plenty of large technology and artificial intelligence stocks lately. Pershing now has a stake in Uber Amazon Meta Platforms , and Alphabet With SpaceX's initial public offering just a few weeks away, it could value the Elon Musk-founded company as high as $2 trillion. Would Ackman consider jumping into this initial public offering (IPO)? Will AI create the world's first trillionaire? Our team just released a report on the one little-known company, called an "Indispensable Monopoly" providing the critical technology Nvidia and Intel both need. Continue » Ackman has shown interest in SpaceX before While not fully conclusive, Pershing's ownership of Amazon could indicate some interest in the space economy . Similar to SpaceX's Starlink, Amazon has been building a low-Earth orbit satellite network to
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